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Author Question: Hurricane Katrina damaged a large portion of refining and pipeline capacity when it swept through ... (Read 109 times)

jenna1

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on: Jun 29, 2018
Hurricane Katrina damaged a large portion of refining and pipeline capacity when it swept through the Gulf coast states in August 2005. As a result of this, many gasoline distributors were not able to maintain normal deliveries.
 
  At the pre-hurricane equilibrium price (i.e., at the initial equilibrium price), we would expect to see
  A) a shortage of gasoline.
  B) an increase in the demand for gasoline.
  C) a surplus of gasoline.
  D) the quantity demanded equal to the quantity supplied.

Question 2

Refer to Table 9-12. Prior to trade, what was the opportunity cost to produce 1 sword in Morocco?
 
  A) 1/2 of a belt B) 1 belt C) 1.5 belts D) 2 belts
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nanny

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jenna1

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Reply 2 on: Jun 29, 2018
Excellent

mohan

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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